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Thursday, October 11, 2018 9:39:28 AM
https://investorsnewsmagazine.blog/2018/10/10/ioni-i-on-communications-share-price-selling-far-below-true-value/
$IONI I-ON Communications Share Price Selling Far Below True Value
A Buying Opportunity
I-On Communications has a healthy balance sheet, no convertible notes, 3.7 million in untapped bank lines and 8 million in shareholder equity. The company is well positioned to raise capital growth and is seeking to uplist to either the NASDAQ or NYSE in early 2019.
The current share price ($1.40 range) is selling far below book value and will continue to do so till the company attracts new investors and divests itself of the outgoing legacy shareholders. $IONI management will have to address the share price if they wish to uplist to a higher exchange.
Recent IONI News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 12:00:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:50:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 12:00:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 09:22:36 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2023 08:07:12 PM
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